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Jim Cramer on SoundHound: ''I’m a No Go on That One''

stock :: 1day ago :: source - insider monkey

By Syeda Seirut Javed

SoundHound AI, Inc. (NASDAQ:SOUN) is among Jim Cramer’s recent stock calls as he urged investors to stand by the defense sector. A caller inquired about the stock, and Cramer replied:

See, I don’t know, still made no… money. And it was, look, there was a bit of time at one point when NVIDIA had a position in, and everyone got all excited about it. And you know, now I just think make some money, and I’ll talk about you, but they ain’t making money. So I’m a no go on that one, partner.

A stock market chart. Photo by Arturo A on Pexels

SoundHound AI, Inc. (NASDAQ:SOUN) develops voice AI technologies that enable businesses to create conversational and intelligent voice experiences. A caller asked Cramer about the stock during the March 23 episode, and he responded:

Well, look, I have to tell you, the stock only got to where it was because NVIDIA, for a moment, had a cup of coffee with that stock. And I’ve gotta tell you, I have always felt that it’s just a continual money loser, and we don’t recommend continual money losers on Jim Cramer’s Mad Money.

While we acknowledge the potential of SOUN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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